Retail Banking
Payment Cards
Brokerage Houses













Home > Industries > Brokerage Houses

Brokerage Houses / Securities

ReadiMinds’ solutions are focused on addressing transaction security including phishing & identity protection, online fraud prevention, AML, trading desk surveillance, and compliance needs of securities/brokerage houses.

  • ReadiMinds was awarded Red Herring Global Top 100 Company Award in Jan 2009. Award recognizes 100 “Most Promising” Global Companies driving the “Future of Technology”!
  • Award established ReadiMinds’ undisputed leadership among the new generation of innovative solution providers in the field of financial crime, security, risk & compliance management.
  • ReadiONE is truly real-time – it holds the record of delivering low-latency millisecond response for 14000 concurrent users – in detecting and taking preventive action to fraud, AML, risk and compliance scenarios.
  • ReadiONE is truly cross-channel, truly multi-layered, and truly real-time.
  • Solutions can be added on the same ReadiONE platform, as requirements grow.
  • ReadiMinds solutions are highly cost-effective.
  • ReadiMinds has well established relationships with global technology vendors like Sun Microsystems and IBM. In addition, ReadiMinds has well established relationships with key systems integrators in each territory.

Industry Challenges

Brokerage Houses are facing significant challenges due to increasing volume of online transactions, related security & fraud challenges, ever evolving regulatory compliance guidelines, pressure for operational cost reduction, and revenue generation. ReadiMinds is able to cost-effectively help brokerage houses address these challenges, as follows:

  • Online Security & Financial Frauds: ReadiONE takes a holistic view of online security & fraud prevention. It uses multiple security & fraud prevention layers to achieve this objective. Together, they first provide transaction security - phishing and identity protection. System then undertakes monitoring activity across channels in real-time: correlating & detecting fraud scenarios, and reducing false-positives. System then mitigates any loss event at the right-time, irrespective of the method or channel used for attack.
  • Regulatory Compliance: ReadiONE actively monitors for compliance scenarios across online systems and helps meet them at the right-time, thereby mitigating the risk of non-compliance.
  • Operational Cost Reduction & Revenue Generation: In today's budget constrained environment, ReadiONE: a fully-configurable zero-code system designed for Business Analysts, results in faster implementation and significantly reduced total cost of ownership. System also provides additional revenue generation capability with real-time cross/up-sell functionality.
  • Improve Return on Investment:
  • For better ROI, progressive brokerage houses are increasingly opting for a multi-purpose solution platform, as opposed to multiple point/piece-meal solutions. This enables them to roll-out transaction security, comprehensive fraud and risk management, real-time AML, meet compliance guidelines, or generate revenue by cross/up-sell on the same platform, as the requirements grow.

ReadiMinds Solutions for the Brokerage Houses

ReadiMinds offers a single cost-effective software platform for brokerage houses/securities industry to manage financial crime, security, risk & compliance challenges.

  • Transaction Security: Single hassle-free "software" solution comprising of "Software 2FA" and "Site Authentication", providing protection against identity frauds and phishing/pharming attacks.
  • Online Fraud Prevention: Helps prevent trading related frauds like account takeover, pump and dump schemes across disparate trading applications and channels.
  • Real-Time Anti-Money Laundering: Provides brokerage houses real-time AML capabilities to detect suspicious trading activity and settlements.
  • Top